MustrumRidcully

5 ms·

1.
The Bitcoin Bubble(lowyinstitute.org)
4 points by MustrumRidcully 9y ago|1 comments
2.
by MustrumRidcully 9y ago
Thank you very much for sharing this!
3.
by MustrumRidcully 9y ago
Next Steps : Engineer a virus to mine bitcoin using the brain power.
4.
by MustrumRidcully 9y ago
Said in another way, do you prefer paying for your car in bitcoins, which is likely to increase in the next years, or $, which will decrease? Bitcoin may be good to store value (gold or land being the best), but isn't adapted for excha
5.
by MustrumRidcully 9y ago
Well you could do the same with paper-gold. But since its value increases over time you have no incentive to prefer it over $, which have a decreasing value. Stop focusing on tech and try to think about underlying market forces.
6.
by MustrumRidcully 9y ago
The problem of bitcoin is that there is a finite amount of it that will be available. As use of bitcoin is scheduled to grow, the pace of the production of bitcoins needed to support the market does not keep up. This results in a steady inc
7.
by MustrumRidcully 9y ago
I have a Ms in Economics and work as an economist. Most of the criticism and debate I see here is quite interesting, and the reflexions of the author of the article are similar to mines after working several years in the field. You fall in
8.
Pollution in China: The bad earth(economist.com)
1 points by MustrumRidcully 9y ago|0 comments
9.
by MustrumRidcully 9y ago
I work as an economist at my country's ministry of finance. Since my daily job is to write studies and reports about IT, HN is quite useful to keep in touch with what's happening. I like as well when people submit content about ot
10.
by MustrumRidcully 10y ago
I was referring to fast-fashion brands such as Zara, H&M, etc... On a large scale in the near past, you can see a drop of quality in the clothes sold on the market. You may say that it is a conterpart of lower prices, but even expensive
11.
by MustrumRidcully 10y ago
This does not contradicts what I'm saying. Maybe you should mention that in the US this prosperity is financed by debt.
12.
by MustrumRidcully 10y ago
Quality food is cheap? Have you ever lived in a big city? If you come to Europe, you'll see that building a nice house wasn't reserved to the rich. And anyway, if we believe GDP figures, a rich man 200 years ago had the purchasin
13.
by MustrumRidcully 10y ago
Thanks for the sci-fi, but you underestimate the scarcity of other things : land and natural ressources.
14.
by MustrumRidcully 10y ago
It could if the internet ecosystem wasn't dominated by platforms that concentrate exchange and thus the value created. Linux is very innovative but lacks enough users to endanger the mains OSes of the market.
15.
by MustrumRidcully 10y ago
When was the last time you ate a real tomato? Not the one grown on hydroponic farm and full of water, but a real one coming from an old and tasty variety full of flesh? Big food processing firms have been decreasing the quality of food over
16.
by MustrumRidcully 10y ago
The problem with this explaination is that it focuses on the technical aspect and not on the economical one : how is the value created shared among the people in the economy? Technological progress allows concentration of power in the one w
17.
by MustrumRidcully 10y ago
René Girard is a joke. His theory about mimetic desire is pseudo-science and does not rely on evidence. Girard is a litterature teacher that got the mimetic idea reading 19th century novels and then proceded to prove it using 19th century n
18.
by MustrumRidcully 10y ago
Google is a search engine of indexed webpages. Not a universal delivery machine of the TRUTH (tm) nor an annex of your brain. Besides, this kind of debate is one step away from lyssenkism where only google-friendly opinions will be displaye
19.
by MustrumRidcully 10y ago
It's funny how american leftists are using today the exact same witch-hunting techniques as the anti-communists of the 50's. https://en.m.wikipedia.org/wiki/McCarthyism
20.
by MustrumRidcully 10y ago
Lol let's just burn the forests! Organic forest is so bad for the environment!
21.
by MustrumRidcully 10y ago
Here you go about the absence of pesticides : http://www.fermedubec.com/publications.aspx Basically, french state's scientific body reviewed this organic permaculture farm for 4 years. They do not use pesticides, do no
22.
by MustrumRidcully 10y ago
It isn't necessarly the case : permaculture has very high yields and low costs compared to oil-based agriculture.
23.
by MustrumRidcully 10y ago
Tilling the soil is not needed if you practice organic permaculture farming.
24.
by MustrumRidcully 10y ago
You are not scientists, you are merely technicians understanding little about how nature and especially soils works. GMOs and extensive agriculture using glyphosate slowing sterilize soils by destroying its ecosystem that were protecting it
25.
by MustrumRidcully 10y ago
This thesis is clearly refuted by the findings of much older (-800 000) remains of humans outside Africa. See for instance https://en.m.wikipedia.org/wiki/Peking_Man . IMHO the most credible origin of man is that there
26.
The Economist – Tibet: The plateau, unpacified(economist.com)
2 points by MustrumRidcully 10y ago|0 comments
27.
Driving forces: Why giants thrive(economist.com)
2 points by MustrumRidcully 10y ago|0 comments